China Sante (00910) completes placement of 5.088 million shares, raising net proceeds of approximately HK$6.7 million

China Sante (00910) announced that all conditions set out in the placing agreement (as amended and modified by the supplementary letter dated October 26, 2026) have been fulfilled, and completion took place on October 28, 2026 in accordance with its terms and conditions. A total of 5.088 million placing shares, representing approximately 20.00% of the company's existing issued share capital immediately before completion; and approximately 16.67% of the company's issued shares as enlarged by the allotment and issue of the placing shares, were successfully allotted and issued by the placing agent on the date of this announcement to not fewer than six placees at the placing price of HK$1.38 per placing share in accordance with the terms and conditions of the placing agreement. The gross proceeds from the placing were HK$7 million and the net proceeds were approximately HK$6.7 million. The company intends to use the net proceeds from the placing as general working capital of the group, including but not limited to payment of professional fees, employee salaries, office rent, utilities and other expenses.